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The latest announcement is out from NIPPON GAS Co ( (JP:8174) ).
Nippon Gas Co., Ltd. has concluded its stock repurchase program, acquiring 396,800 common shares for a total of 891,053,750 yen through market purchases at the Tokyo Stock Exchange. This repurchase is part of a broader plan authorized by the Board of Directors to buy back up to 1.5% of outstanding shares, aiming to enhance shareholder value and optimize capital structure.
More about NIPPON GAS Co
Nippon Gas Co., Ltd. (NICIGAS) operates in the energy sector, primarily focusing on the distribution and sale of gas. The company is listed on the Tokyo Stock Exchange Prime Market and is led by CEO Kunihiko Kashiwaya.
YTD Price Performance: 6.87%
Average Trading Volume: 230
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €1.53B
See more insights into 8174 stock on TipRanks’ Stock Analysis page.